. >> reporter: stacy and kevin are proud parents of an 8-week- old baby boy. but their home sweet home is making them lose more sleep than the baby. they only have a one bedroom unit, so the crib is in their closet, and they can't sell, because stacy bout it as part of a tic, where co-owners buy in together. after eight years, they're still waiting to convert. >> goes slower and slower each time, because there are more applicants competing for the same number of spots. >> reporter: san francisco only allows 200 condo conversions every year. city officials say the number of tic's has grown to more than 2,000. >> it used to take, five, six, seven years to win the condo lottery. it's now looking more like 20 years. >> reporter: the line to speak went out the door, and snaked around the hallway. opponents held a rally outside. they say the law is bad, and would only encourage investors to snatch up housing units currently needed for renters. >> you have people that just want to take a profit, and take rental units off the market. >> my fear is that by opening the